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First Merchants
FRME

230 hedge funds and large institutions have $1.66B invested in First Merchants in 2022 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 76 increasing their positions, 76 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

93% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 15

25% more funds holding in top 10

Funds holding in top 10: 4 → 5 (+1)

4% more funds holding

Funds holding: 221 → 230 (+9)

0.29% more ownership

Funds ownership: 72.33% → 72.62% (+0.29%)

0% more repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 76

0% less capital invested

Capital invested by funds: $1.67B → $1.66B (-$3.74M)

Holders
230
Holders Change
+9
Holders Change %
+4.07%
% of All Funds
3.7%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.08%
New
29
Increased
76
Reduced
76
Closed
15
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Fisher Asset Management
Fisher Asset Management
Washington
+$13.2M
2
EARNEST Partners
EARNEST Partners
Georgia
+$10.4M
3
Vanguard Group
Vanguard Group
Pennsylvania
+$6.97M
4
American Century Companies
American Century Companies
Missouri
+$6.06M
5
BlackRock
BlackRock
New York
+$5.25M

Top Sellers

Rank Fund Capital Flow
1
DRZID
DePrince Race & Zollo Inc (DRZ)
Florida
-$13M
2
Millennium Management
Millennium Management
New York
-$6.82M
3
BCM
Bridgeway Capital Management
Texas
-$5.06M
4
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
-$4.47M
5
Morgan Stanley
Morgan Stanley
New York
-$3.91M
Name Holding Trade Value Shares
Change 		Change in
Stake
RHCA
76
Rosenthal Henry Capital Advisors
Indiana
$1.45M +$1.49M +35,250 New
Commonwealth Equity Services
77
Commonwealth Equity Services
Massachusetts
$1.44M +$236K +5,597 +19%
CCP
78
Clarkston Capital Partners
Michigan
$1.43M – – –
PCMI
79
Paradigm Capital Management Inc
New York
$1.4M – – –
Stifel Financial
80
Stifel Financial
Missouri
$1.35M +$233K +5,522 +20%
DPI
81
Diversified Portfolios Inc
Michigan
$1.35M – – –
OAM
82
Oppenheimer Asset Management
New York
$1.34M -$33.3K -788 -2%
RJFSA
83
Raymond James Financial Services Advisors
Florida
$1.32M -$516K -12,202 -28%
ONB
84
Old National Bancorp
Indiana
$1.3M – – –
RCAMU
85
Rothschild & Co Asset Management US
Connecticut
$1.3M +$1.34M +31,599 New
State Board of Administration of Florida Retirement System
86
State Board of Administration of Florida Retirement System
Florida
$1.28M -$26.2K -620 -2%
MIM
87
MetLife Investment Management
New Jersey
$1.24M – – –
UBS Group
88
UBS Group
Switzerland
$1.22M +$467K +11,057 +59%
Osaic Holdings
89
Osaic Holdings
Arizona
$1.14M -$9.34K -221 -0.8%
Deutsche Bank
90
Deutsche Bank
Germany
$1.12M +$150K +3,543 +15%
AIG
91
American International Group
New York
$1.11M -$4.18K -99 -0.4%
Renaissance Technologies
92
Renaissance Technologies
New York
$1.1M +$1.13M +26,820 New
PNC Financial Services Group
93
PNC Financial Services Group
Pennsylvania
$1.08M +$13.6K +322 +1%
CIC
94
Cornercap Investment Counsel
Georgia
$1.05M – – –
ROC
95
River Oaks Capital
Minnesota
$1.05M +$54.2K +1,283 +5%
OAM
96
Oberweis Asset Management
Illinois
$1.04M +$1.07M +25,300 New
WW
97
Waterfront Wealth
Kansas
$1.01M +$8.58K +203 +0.8%
Mirae Asset Global Investments
98
Mirae Asset Global Investments
South Korea
$1.01M +$10.7K +253 +1%
IA
99
IFG Advisory
Georgia
$985K +$8.45K +200 +0.8%
BWM
100
BCGM Wealth Management
Indiana
$971K -$1.14K -27 -0.1%
2 3
4
5 6

FRME Hedge Fund Activity: Q4 2022 in Review

230 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q4 2022, worth a combined $1.66B — down 0.22% from $1.67B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new FRME positions and 15 closed out — a net gain of 14 holders — while 76 added to existing stakes and 76 trimmed.

The largest buyer was Fisher Asset Management, adding an estimated $13.2M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $13M.

  • 230 institutional investors held First Merchants (FRME) as of Q4 2022, up from 221 in Q3 2022.
  • Funds reported $1.66B of First Merchants stock for Q4 2022, down 0.22% quarter-over-quarter.
  • 29 funds opened new First Merchants positions in Q4 2022 and 15 closed out, a net change of +14 holders.
  • The largest First Merchants buyer in Q4 2022 was Fisher Asset Management, an estimated $13.2M added.
  • The largest First Merchants seller in Q4 2022 was DePrince Race & Zollo Inc (DRZ), an estimated $13M sold.

Based on aggregated 13F filings for Q4 2022.